Stay updated with breaking news from Finance Commissions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Centre has released the fifth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states including Andhra Pradesh, Kerala, Rajasthan, Punjab and West Bengal, the Union Ministry of Finance said on Wednesday.
Get latest articles and stories on Business at LatestLY. The Centre has released the fifth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states including Andhra Pradesh, Kerala, Rajasthan, Punjab and West Bengal, the Union Ministry of Finance said on Wednesday. Business News | Centre Releases Revenue Deficit Grant of Rs 7,183.42 Crore to 14 States.
The total revenue deficit grant distributed to states so far this fiscal year has increased to Rs 28,733.67 crore.
New Delhi : The Union Finance Ministry said on Monday it has released Rs 7,183.42 crore as a post-devolution revenue deficit grant to 14 states including
While the 15th Finance Commission maintained states’ higher share of central taxes, the increase is inadequate considering low health spending per capita.